Charges Against Accounts. The Agent and the Banks shall have the right, and the Borrower hereby irrevocably authorizes the Agent and the Banks, to charge any account of the Borrower with the Agent or any Bank without the further approval of the Borrower, for (i) any installment of interest due under the Notes, (ii) any costs or expenses incurred by the Agent or the Banks which are to be paid or reimbursed by the Borrower under the terms of this Agreement or any of the other Loan Documents (including, without limiting the generality of the foregoing, all Construction Inspector, Appraisal and reasonable attorney's fees) or (iii) any other sums due to the Agent or the Banks under the Notes, this Agreement or any of the other Loan Documents, all to the extent that the same are not paid by the respective due dates thereof.
Charges Against Accounts. The Bank may charge any deposit account, and, after the occurrence of any Event of Default by a Borrower or Portfolio, any custody, trust or agency account, of such defaulting Borrower or Portfolio at or with the Bank, if any, with such Borrower's or Portfolio's payments of interest, principal and other sums due, from time to time, under this Agreement, or due under such Borrower's or Portfolio's Note, and will thereafter notify the Borrower or Portfolio of the amount so charged. The failure of the Bank so to charge any account or to give any such notice shall not affect the obligation of the Borrower or Portfolio to pay interest, principal or other sums as provided herein or in the Notes.
Charges Against Accounts. Upon receipt of written instructions from the Administrator, the Trustee shall charge the appropriate account of the Participant for any withdrawals or distributions made under the Plan and any forfeiture of unvested interests attributable to Employer contributions which may be required under the Plan. The Administrator will give written instructions to the Trustee specifying the manner in which Employer contributions and any forfeiture of the nonvested portion of accounts, as allocated by the Administrator in accordance with the provisions of the Plan, are to be credited to the various accounts maintained for Participants.
Charges Against Accounts. The Agent may charge any general deposit account maintained with the Agent by the Borrower with the amount of all payments of principal, interest and fees due, from time to time, under this Agreement and/or any of the Revolving Notes; and will thereafter notify the Borrower of the amount so charged. The failure of the Agent so to charge any account or to give any such notice shall not affect the obligation of the Borrower to pay interest, principal or other sums as provided herein and/or in the Revolving Notes. The Borrower hereby authorizes the Agent to pay the amounts so charged to itself and/or the Banks, in the manner described in the second sentence of Section 3.04.
Charges Against Accounts. The Agent may charge any general deposit ------------------------ account of any of the Borrowers at the Agent with the amount of all payments of interest, principal and other sums due, from time to time, under this Agreement, the Notes and/or any Letter of Credit or documents relating thereto and will thereafter notify the Borrowers of the amount so charged. The failure of the Agent so to charge any account or to give any such notice shall not affect the obligation of the Borrowers to pay interest, principal or other sums as provided herein, in the Notes and/or any Letter of Credit or documents relating thereto.
Charges Against Accounts. The Bank may charge any deposit account of the Borrower at the Bank with the amount of all payments of interest, principal, fees and other sums due, from time to time, under this Agreement and/or the Notes, and will thereafter notify the Borrower of the amount so charged. The failure of the Bank to charge any account or to give any such notice shall not affect the obligation of the Borrower to pay interest, principal or other sums as provided herein or in the Notes. For purposes of this Section 3.05, the term "Bank" shall include any affiliate of the Bank so long as the Borrower maintains deposits with any such bank.
Charges Against Accounts. Section 3.03. Use of Loan Proceeds............................... Section 3.04. Payments........................................... Section 3.05. Payments on Non-Business Days...................... Section 3.06.
Charges Against Accounts. After the giving of any notice required hereunder and the expiration of any applicable grace period provided herein, the Mortgagee may charge any deposit account of the Mortgagor with the Mortgagee or any affiliate of Mortgagee with the amount of all payments of interest, principal and other sums due, from time to time, under the Note or this Mortgage, Security Agreement and Assignment and will thereafter notify the Mortgagor of the amount so charged. The failure of the Mortgagee to so charge any account or to give any such notice shall not affect the obligations of the Mortgagor to pay interest, principal and other sums as provided herein, in the Note or any of the other Loan Documents delivered to Mortgagee in connection with the Note.
Charges Against Accounts. The Lender may charge any general ------------------------ deposit account of the Borrower at the Lender (or any affiliate of the Lender) with the amount of all payments of interest, principal and other sums due, from time to time, under this Agreement and/or the Notes; and will thereafter notify the Borrower of the amount so charged. The failure of the Lender so to charge any account or to give any such notice shall not affect the obligation of the Borrower to pay interest, principal or other sums as provided herein or in the Notes.
Charges Against Accounts. (1) The Lender shall have the right and the Borrower hereby irrevocably authorizes the Lender, to charge the Cash Flow Account, without the further approval of the Borrower, for any installment of interest or principal due under the Note.
(2) After the occurrence of an Event of Default and only during the continuance thereof, the Lender shall have the right and the Borrower hereby irrevocably authorizes the Lender, to charge any account of the Borrower with the Lender (exclusive of any account in the Borrower's name as agent or fiduciary for any other Person), without the further approval of the Borrower, for (i) any installment of interest or principal due under the Note, (ii) any costs or expenses incurred by the Lender which are to be paid or reimbursed by the Borrower under the terms of this Agreement or any of the other Loan Documents or (iii) any other sums due to the Lender under the Note, this Agreement or any of the other Loan Documents, and any other Obligations, all to the extent that the same are not paid by the respective due dates thereof.
